Litecoin’s silver bullet strikes again—the OG altcoin just ripped past $124 with a near 10% surge, while trading volume tripled overnight. This isn’t just another dead-cat bounce; something’s fueling the fire.
The Volume Tells the Story
When a 200% spike in buys crashes the party, even Wall Street’s algo-traders would notice. Retail’s piling in, but whispers suggest institutional players might be testing the waters before the next halving cycle.
Momentum or Mirage?
Sure, LTC’s still down 60% from its ATH—because what isn’t? But with transaction fees hitting laughable lows compared to Ethereum’s gas-guzzling network, Litecoin’s suddenly the thrift-store hero of payments. (Take that, CBDC bureaucrats.)
One thing’s clear: When crypto winter thaws, the coins that survive aren’t always the ‘smartest’—just the ones people actually use. Now watch the ‘experts’ scramble to update their ‘LTC is dead’ hot takes.
What is Driving LTC Price?
CoinGate data revealed that Litecoin processed 14.5% of all crypto payments in July 2025. The altcoin has surpassed USDC and TRON to become the second-most used crypto after Bitcoin, it noted.
Additionally, over 40 million transactions occurred on LTC in 2025 alone. This means that rising payment adoption directly increases LTC’s utility and buy-side demand.
Besides, Polymarket odds for a Litecoin ETF approval in 2025 jumped to 81%, adding a bullish impact on the coin. Further, Bloomberg analysts have assigned a 90% chance of eventual ETF approval.
That said, the regulatory environment remains favorable, with the CFTC classifying Litecoin as a commodity. With Grayscale’s LTC Trust already holding $180M in Litecoin, the ETF approval on the horizon WOULD unlock institutional capital.
Last month, MEI Pharma announced a $100 million private investment in public equity (PIPE) transaction to add Litecoin into its corporate treasury.
Market Watchers Say Litecoin Would Hit $150
According to a crypto commentator, Rain, LTC would hit a price target of $150 after witnessing a strong rise since April.
“$150 is the nearest target, with big moves likely to come. Volume and momentum pick up,” he wrote on X. “Time to return to all-time highs is near.”
Litecoin has been on a strong rise since April.
Now trading above $120 at a critical level. $150 is the nearest target, with big moves likely to come. Volume and momentum pick up$LTC is showing more strength than many altcoins.
Time to return to all time highs is near. pic.twitter.com/uPsHWfTLb1
Another market analyst wrote that a return to all-time highs may be near, predicting $150 as the next target, “as it outperforms many altcoins.”
